Best shares to buy for short term

  • TATACOMM surged by 4.14% and finished at Rs. 719.3. It did rise in the last trading session but fell by a significant margin on a weekly basis. It witnessed Bullish Engulfing pattern on daily chart. This stock is currently settled above the recent resistance zone. We see short-term support around 667.
  • KTKBANK weakened by 1.99% and finished at Rs. 160.2. Trading volume rose by 117 percent on Monday. But numerous trades were intraday trades. It is oscillating nearer to its resistance zone of 162.
  • INFRATEL surged by 4.79% and finished at Rs. 471.5. Meanwhile, it registered a remarkable gain over recent days. Trading volume hiked by 161 percent on 16 October 2017. Surprisingly 67% of the trades are taken for delivery. It gives an impression of a bullish breakout. Derivative traders were aggressive in exiting short positions. Open interest reduced by 10.17 %. It is regularly rising for 4 days. This stock is currently settled above the recent resistance zone. We see short-term support around 373.
  • IDEA surged by 5.32% and closed at Rs.83.1. At the same time, it reported significant margin over recent days. Trading volume spiked by 236 percent. It gives an impression of a bullish breakout. This stock is currently settled above the recent resistance zone. We see short-term support around 72.
  • GRANULES strengthen by 3.34% and to close at Rs.140.7. Also, it recorded a remarkable margin on the weekly basis. Trading volume spiked by 92 percent at last session. It suggests for a positive breakout. It is regularly rising for 8 days. This stock is currently settled above the recent resistance zone. We see short-term support around 112.
  • DHFL gained by 3.8% and to close at Rs.558.25. Trading volume increased by 128 percent at last trading day. Yet numerous trades were intraday in nature. The technical indicator RSI signals oversold scenario.It is trading inside the trading range. The Support is seen around 519 and resistance is seen around 605.
  • BHARTIARTL surged by 5.2% and ended at Rs.453.3. Additionally, it maintained remarkable returns on the weekly basis. Trading volume spiked by 257 percent at last session. It suggests for a bullish breakout. This stock is currently settled above the recent resistance zone. We see short-term support around 374.

Do you know any other best shares to buy for short term? Comment below